Barnsley Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and PI insurers. It is a unique risk management tool.

This system facilitates the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on Barnsley Building Society’s changes. Even though utilising the software is not a prerequisite for Barnsley Building Society , demonstrating you can remain up to date with Barnsley Building Society’s Handbook requirements is a helpful support to your panel application and, more importantly, safeguard your firm’s panel status.

COMPLETIONmonitor creates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, results in a PII saving.

Find a Law Firm approved by Barnsley Building Society

Mortgage companies often change their requirements. The UK Finance Lenders’ Handbook requirements from Barnsley Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time:

A Timeline of Policy Changes

Since 2008, Barnsley Building Society has made 306 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 8.9 days. In total, 85% of the sections of P2 of the UK Finance Lenders’ Handbook for Barnsley Building Society have been changed since 15/12/2008.

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Recent Changes Include

# Date Assoc. Changes Related To
5.15.2a 16/12/2019 CML
14.1.5 01/12/2014 CML
3.1.6 01/12/2014 CML
6.4.4 14/01/2014 CML
6.8.1 14/01/2014 CML Adoption of Road or Sewer Indemnity Insurance
17.2.1b 12/07/2013 CML
14.2.2 28/05/2013 CML
6.4.4 28/05/2013 CML
17.2.1b 16/01/2013 CML
6.7.1 10/01/2012 CML

Last update 27/03/2020

Barnsley Building Society Conveyancing Panel Recently Asked Questions from members of the public

Can you please explain the reason why all solicitors are not on the Barnsley Building Society Solicitor panel?
Even though it may seem unfair for Barnsley Building Society to restrict who can act for them from the public’s or solicitor’s point of view, the other side of the coin is that the lenders are becoming ever more anxious and feel the necessary need to protect them from mortgage fraud and other illegal activities. As a result of this concern Barnsley Building Society are limiting their conveyancing panel to a manageable size. The Barnsley Building Society conveyancing panel is not the smallest
I am buying a brand new apartment and my lawyer is informing me that she has to reveal incentives from the builder as her firm is on the Barnsley Building Society conveyancing panel. I am under pressure to sign contracts and I have no desire to prolong matters. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Barnsley Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Barnsley Building Society). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the Barnsley Building Society conveyancing panel. My lawyer has said that they are on the Barnsley Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Barnsley Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Barnsley Building Society solicitor panel.
My uncle passed away 10 months ago and as sole heir and executor was left the house. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Barnsley Building Society , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Barnsley Building Society will insist on your using a conveyancer on the Barnsley Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Barnsley Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Barnsley Building Society mortgage is registered as a charge at the Land Registry.
My fiance and I are in the process of viewing flats and now considering a potential offer. Should I already have a conveyancer appointed at this stage? I intend to finance via a home loan with Barnsley Building Society
It would be sensible to have your start your search soon rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Barnsley Building Society , ask your prospective lawyers check they are on the Barnsley Building Society conveyancing panel otherwise they can't do the mortgage legal work.
Completion of my remortgage has taken place with a mortgage from Barnsley Building Society. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about Barnsley Building Society. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first port of call should be one of the Barnsley Building Society branches or the Customer Care Team at Barnsley Building Society head office. We understand that complaints to Barnsley Building Society are resolved effectively and efficiently. If you feel that the matter is not resolved you can write to the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
Barnsley Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Barnsley Building Society or your broker and complete any relevant paperwork. Barnsley Building Society will tell you what documents they want. Barnsley Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Barnsley Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.